Japan Readies A Record $800 Billion Budget For 2015-16

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Japan Readies A Record $800 Billion Budget For 2015-16

(Reuters) — Japan’s government will propose a record budget of more than $800 billion for the next fiscal year, but cut borrowing for a third year, government officials said Sunday, as Prime Minister Shinzo Abe seeks to maintain growth while curbing the heaviest debt burden in the industrial world. The third annual budget since Abe swept…

Gates Capital Returns 32.7% Tries To Do “Fewer Things Better”

Gates Capital Management's Excess Cash Flow (ECF) Value Funds have returned 14.5% net over the past 25 years, and in 2021, the fund manager continued to outperform. Due to an "absence of large mistakes" during the year, coupled with an "attractive environment for corporate events," the group's flagship ECF Value Fund, L.P returned 32.7% last Read More

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